Wonks for Sale : New Labour’s favourite think-tank and source of policy ideas has confirmed it received funding from Northern Rock.

IPPR has yet to get back to Guido, so am as yet unable to confirm that they received hundreds of thousands of pounds in donations from Northern Rock. Reminds Guido of how generous Enron was with political donations before the end…

UPDATE : Northern Rock promised £191,018 to IPPR in May 2006 alone. Still awaiting total amount to be confirmed.

UPDATE II : Another £180,000 spotted in the 2003 IPPR accounts. Source says it will total over half-a-million.